The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
A10 Networks Inc Com 002121101 3,185 282,890 SH   SOLE   282,890 0 0
ABM Industries Inc Com 000957100 2,513 56,673 SH   SOLE   54,033 0 2,640
AZZ Inc Com 002474104 4,168 80,500 SH   SOLE   80,500 0 0
Accuray Inc Com 004397105 6,656 1,472,550 SH   SOLE   1,472,550 0 0
Albany International Corp Com 012348108 2,941 32,950 SH   SOLE   32,950 0 0
Allied Motion Technologies Inc Com 019330109 6,098 176,595 SH   SOLE   176,595 0 0
Ameresco Inc Com 02361E108 4,540 72,390 SH   SOLE   72,390 0 0
Ampco Pittsburgh Corp Com 032037103 368 60,639 SH   SOLE   60,639 0 0
Andersons Inc Com 034164103 3,116 102,050 SH   SOLE   102,050 0 0
Apria Inc Com 03836A101 3,115 111,250 SH   SOLE   111,250 0 0
Arrow Financial Corp Com 042744102 2,544 70,778 SH   SOLE   70,778 0 0
Axcelis Technologies Inc Com 054540208 2,590 64,080 SH   SOLE   64,080 0 0
Axis Capital Holdings Limited Com G0692U109 2,723 55,559 SH   SOLE   55,559 0 0
Baycom Corp. Com 07272M107 2,358 131,390 SH   SOLE   131,390 0 0
Beacon Roofing Supply Inc Com 073685109 2,491 46,770 SH   SOLE   46,770 0 0
CNX Resources Corp Com 12653C108 2,537 185,760 SH   SOLE   185,760 0 0
Cambridge Bancorp Com 132152109 2,255 27,170 SH   SOLE   27,170 0 0
Camden National Corp Com 133034108 7,265 152,121 SH   SOLE   152,121 0 0
Casey's General Store Inc Com 147528103 2,170 11,147 SH   SOLE   10,427 0 720
Catchmark Timber Trust Inc Com 14912Y202 2,356 201,330 SH   SOLE   201,330 0 0
Cavco Industries Inc Com 149568107 2,828 12,726 SH   SOLE   12,326 0 400
Central Valley Community Banco Com 155685100 2,700 133,996 SH   SOLE   133,996 0 0
Chase Corporation Com 16150R104 2,213 21,570 SH   SOLE   21,570 0 0
Chesapeake Energy Corp Com 165167735 2,585 49,790 SH   SOLE   47,710 0 2,080
Citi Trends Inc Com 17306X102 1,537 17,670 SH   SOLE   17,670 0 0
City Holding Company Com 177835105 4,016 53,377 SH   SOLE   53,377 0 0
Cleveland-Cliffs Inc Com 185899101 4,179 193,830 SH   SOLE   193,830 0 0
Columbia Banking Systems Inc Com 197236102 2,855 74,032 SH   SOLE   72,142 0 1,890
Commercial Metals Co Com 201723103 4,391 142,930 SH   SOLE   142,930 0 0
Concentrix Corp. Com 20602D101 3,829 23,810 SH   SOLE   23,810 0 0
DLH Holdings Corp Com 23335Q100 2,819 241,390 SH   SOLE   241,390 0 0
Darling Ingredients Inc Com 237266101 268 3,970 SH   SOLE   0 0 3,970
Deluxe Corp Com 248019101 4,586 96,000 SH   SOLE   93,010 0 2,990
EMCOR Group Inc Com 29084Q100 2,730 22,158 SH   SOLE   20,938 0 1,220
EPR Properties Com 26884U109 4,268 81,020 SH   SOLE   78,980 0 2,040
Eastern Bankshares Inc Com 27627N105 2,812 136,710 SH   SOLE   136,710 0 0
Encompass Health Corporation Com 29261A100 3,027 38,789 SH   SOLE   37,244 0 1,545
Ethan Allen Interiors Inc Com 297602104 2,249 81,480 SH   SOLE   81,480 0 0
FTS International Inc Com 30283W302 1,570 55,480 SH   SOLE   55,480 0 0
Farmers National Banc Corp Com 309627107 2,226 143,530 SH   SOLE   143,530 0 0
Federal Agricultural Mortgage Com 313148306 2,942 29,750 SH   SOLE   29,750 0 0
Financial Institutions Inc Com 317585404 2,724 90,800 SH   SOLE   90,800 0 0
First American Financial Corp Com 31847R102 1,829 29,337 SH   SOLE   29,337 0 0
First Bancorp N.C. Com 318910106 4,095 100,100 SH   SOLE   100,100 0 0
First Community Corp. Com 319835104 2,652 131,290 SH   SOLE   131,290 0 0
First Financial Corp Com 320218100 3,954 96,860 SH   SOLE   96,860 0 0
G-III Apparel Group Limited Com 36237H101 3,696 112,480 SH   SOLE   112,480 0 0
Global Industrial Company Com 37892E102 1,875 51,083 SH   SOLE   51,083 0 0
Global Medical REIT Inc Com 37954A204 3,914 265,202 SH   SOLE   265,202 0 0
Goodrich Petroleum Corp Com 382410843 3,009 201,540 SH   SOLE   201,540 0 0
Granite Construction Inc Com 387328107 3,435 82,720 SH   SOLE   82,720 0 0
Great Lakes Dredge & Dock Corp Com 390607109 6,464 442,462 SH   SOLE   442,462 0 0
Great Southern Bancorp Com 390905107 6,412 118,964 SH   SOLE   118,964 0 0
Green Dot Corp Com 39304D102 4,216 89,990 SH   SOLE   89,990 0 0
Gulfport Energy Corp Com 402635502 1,217 18,810 SH   SOLE   18,810 0 0
Hackett Group Inc Com 404609109 3,256 180,672 SH   SOLE   180,672 0 0
Hancock Whitney Corporation Com 410120109 3,048 68,580 SH   SOLE   68,580 0 0
Hawkins Inc Com 420261109 2,504 76,470 SH   SOLE   76,470 0 0
Heartland Financial USA Inc Com 42234Q102 4,101 87,270 SH   SOLE   87,270 0 0
Heritage Crystal Clean Inc Com 42726M106 4,049 136,416 SH   SOLE   136,416 0 0
Horizon Bancorp Inc Com 440407104 2,274 130,470 SH   SOLE   130,470 0 0
Hub Group Inc Com 443320106 3,206 48,590 SH   SOLE   46,880 0 1,710
IEC Electronics Corp Com 44949L105 2,010 191,240 SH   SOLE   191,240 0 0
ITT Corporation Com 45073V108 2,264 24,714 SH   SOLE   23,284 0 1,430
Ichor Holdings Com G4740B105 2,943 54,700 SH   SOLE   54,700 0 0
Independent Bank Corp Com 453836108 2,967 39,300 SH   SOLE   39,300 0 0
Independent Bank Group Inc Com 45384B106 2,315 31,290 SH   SOLE   31,290 0 0
Industrial Logistics Propertie Com 456237106 3,038 116,238 SH   SOLE   112,938 0 3,300
Investors Title Company Com 461804106 2,176 12,462 SH   SOLE   12,462 0 0
Kelly Services Inc Com 488152208 5,430 226,520 SH   SOLE   226,520 0 0
Kimball Electronics Inc Com 49428J109 5,943 273,386 SH   SOLE   273,386 0 0
Kirby Corporation Com 497266106 2,820 46,510 SH   SOLE   46,510 0 0
Knowles Corp Com 49926D109 2,859 144,820 SH   SOLE   144,820 0 0
Kulicke & Soffa Industries Inc Com 501242101 4,512 73,730 SH   SOLE   73,730 0 0
LCI Industries Com 50189K103 2,228 16,955 SH   SOLE   16,235 0 720
LSI Industries Com 50216C108 3,529 440,595 SH   SOLE   440,595 0 0
Lakeland Financial Corp Com 511656100 3,428 55,606 SH   SOLE   55,606 0 0
Landec Corporation Com 514766104 4,359 387,467 SH   SOLE   387,467 0 0
M/I Homes Inc Com 55305B101 2,099 35,774 SH   SOLE   35,774 0 0
Mackinac Financial Corp. Com 554571109 2,649 134,040 SH   SOLE   134,040 0 0
Marinemax Inc Com 567908108 2,150 44,110 SH   SOLE   44,110 0 0
Mastercraft Boat Holdings Inc Com 57637H103 2,856 108,640 SH   SOLE   108,640 0 0
Materion Corp Com 576690101 1,197 15,890 SH   SOLE   15,890 0 0
Maximus Inc Com 577933104 2,977 33,846 SH   SOLE   33,846 0 0
McGrath Rentcorp Com 580589109 2,282 27,982 SH   SOLE   26,182 0 1,800
Mercer Int'l Inc Com 588056101 6,965 546,280 SH   SOLE   546,280 0 0
Merit Medical Systems Inc Com 589889104 2,395 37,047 SH   SOLE   37,047 0 0
Methode Electronics Inc Com 591520200 4,618 93,850 SH   SOLE   93,850 0 0
Miller Industries Inc Com 600551204 492 12,482 SH   SOLE   12,482 0 0
Mitek Systems Inc Com 606710200 1,739 90,267 SH   SOLE   90,267 0 0
Monro Muffler Brake Inc Com 610236101 4,529 71,310 SH   SOLE   71,310 0 0
Mueller Industries Inc Com 624756102 2,137 49,342 SH   SOLE   47,092 0 2,250
NBT Bancorp Inc Com 628778102 4,262 118,490 SH   SOLE   118,490 0 0
NI Holdings Inc Com 65342T106 1,915 100,740 SH   SOLE   100,740 0 0
NMI Holdings Inc Com 629209305 1,889 84,027 SH   SOLE   84,027 0 0
Northwest Pipe Company Com 667746101 2,773 98,170 SH   SOLE   98,170 0 0
Northwestern Corp Com 668074305 2,697 44,789 SH   SOLE   44,789 0 0
Nuvasive Inc Com 670704105 3,592 52,990 SH   SOLE   52,990 0 0
OSI Systems Inc Com 671044105 2,965 29,170 SH   SOLE   29,170 0 0
Oceanfirst Financial Corp Com 675234108 2,300 110,350 SH   SOLE   110,350 0 0
Onto Innovation Inc Com 683344105 1,981 27,126 SH   SOLE   27,126 0 0
Orion Group Holdings Inc Com 68628V308 5,622 977,780 SH   SOLE   977,780 0 0
Pacwest Bancorp Com 695263103 3,196 77,638 SH   SOLE   77,638 0 0
Perdoceo Education Corp Com 71363P106 5,071 413,300 SH   SOLE   413,300 0 0
Photonics Inc Com 719405102 2,429 183,847 SH   SOLE   183,847 0 0
Pinnacle Financial Partners In Com 72346Q104 2,691 30,475 SH   SOLE   30,475 0 0
Plumas Bancorp Com 729273102 2,676 83,550 SH   SOLE   83,550 0 0
Preformed Line Products Co Com 740444104 2,770 37,330 SH   SOLE   37,330 0 0
Primerica Inc Com 74164M108 2,095 13,682 SH   SOLE   13,682 0 0
QCR Holdings Inc Com 74727A104 2,738 56,930 SH   SOLE   56,930 0 0
Radiant Logistics Inc Com 75025X100 2,322 335,100 SH   SOLE   335,100 0 0
Rogers Corp Com 775133101 1,823 9,080 SH   SOLE   9,080 0 0
Ryder System Inc Com 783549108 2,900 39,020 SH   SOLE   39,020 0 0
Sanderson Farms Inc Com 800013104 3,328 17,703 SH   SOLE   16,903 0 800
Seacoast Bank Corp of Florida Com 811707801 3,863 113,130 SH   SOLE   113,130 0 0
Shoe Carnival Inc Com 824889109 3,296 46,040 SH   SOLE   46,040 0 0
Shyft Group Inc Com 825698103 1,768 47,260 SH   SOLE   47,260 0 0
Sierra Bancorp Com 82620P102 2,321 91,206 SH   SOLE   91,206 0 0
Signet Jewelers Limited Com G81276100 6,156 76,200 SH   SOLE   76,200 0 0
Skyline Champion Corp Com 830830105 4,218 79,145 SH   SOLE   79,145 0 0
Smartfinancial Inc Com 83190L208 2,772 115,472 SH   SOLE   115,472 0 0
Sterling Bancorp Com 85917A100 1,037 41,841 SH   SOLE   41,841 0 0
Sterling Construction Company Com 859241101 3,184 131,970 SH   SOLE   131,970 0 0
Stewart Information Services C Com 860372101 3,998 70,530 SH   SOLE   70,530 0 0
Stock Yard Bancorp Inc Com 861025104 1,889 37,113 SH   SOLE   37,113 0 0
Tennant Company Com 880345103 3,969 49,710 SH   SOLE   49,710 0 0
Textainer Group Holdings Ltd Com G8766E109 5,048 149,478 SH   SOLE   149,478 0 0
The Marcus Corp Com 566330106 2,820 132,970 SH   SOLE   132,970 0 0
Thermon Group Holdings Inc Com 88362T103 2,237 131,260 SH   SOLE   131,260 0 0
Trico Bancshares Com 896095106 3,244 76,184 SH   SOLE   76,184 0 0
Triton International Ltd Com G9078F107 2,899 55,391 SH   SOLE   53,481 0 1,910
UFP Technologies Inc Com 902673102 3,412 59,430 SH   SOLE   59,430 0 0
UMH Properties Inc Com 903002103 4,987 228,550 SH   SOLE   222,930 0 5,620
Universal Technical Institute Com 913915104 2,668 411,140 SH   SOLE   411,140 0 0
VSE Corp Com 918284100 4,321 87,280 SH   SOLE   87,280 0 0
Vectrus Inc Com 92242T101 2,254 47,370 SH   SOLE   47,370 0 0
Vishay Intertechnology Inc Com 928298108 2,016 89,398 SH   SOLE   84,368 0 5,030
Vishay Precision Group Inc Com 92835K103 3,334 97,930 SH   SOLE   97,930 0 0
WSFS Financial Corp Com 929328102 3,030 65,033 SH   SOLE   65,033 0 0
Washington Trust Bancorp Inc Com 940610108 4,020 78,280 SH   SOLE   78,280 0 0
Webster Financial Corp Com 947890109 3,135 58,770 SH   SOLE   58,770 0 0
Wesbanco Inc Com 950810101 3,256 91,380 SH   SOLE   91,380 0 0
Willdan Group Inc Com 96924N100 2,919 77,561 SH   SOLE   77,561 0 0
Williams Industrial Services G Com 96951A104 2,305 395,425 SH   SOLE   395,425 0 0
World Fuel Services Corp Com 981475106 2,155 67,923 SH   SOLE   67,923 0 0